Trump, Nixon, and the Economy

Trump firing Comey may remind many of Watergate. But inflation and unemployment are low, and there’s no specter of stagflation.

By

Randall W. Forsyth

Updated May 13, 2017 1:01 a.m. ET

By

Randall W. Forsyth

Updated May 13, 2017 1:01 a.m. ET

History doesn’t repeat, and maybe it doesn’t even rhyme, but echoes of October 1973 were heard last week. The firing of former Federal Bureau of Investigation head James Comey may not equate to the dismissal of Watergate special prosecutor Archibald Cox in the infamous Saturday Night Massacre. But President Donald Trump seemed to do his...